there's certainly some pressures on bank earnings like the low interest rate environment and anemic loan growth are definitely impacting income for all the banks, big and small. >> is that anemic loan demand, or are they still reluctant to loan, as we saw, as we merged from the financial crisis? >> yeah, in our view, it's really a bit of both supply and demand. no doubt the demand for loans is pretty weak out there. at the same time, credit standards are a lot -- underwriting standards are a lot higher than they were at the outset of the credit crisis. >> i'm going to ask you a question i'm sure you didn't expect. we just had on this ceo that wrote this letter telling his employees that if president obama wins it's bad for the company. he was complaining -- it's a real estate company -- that his issue with president obama is that they didn't force the banks to lend when they got that new capital. is that a justified criticism? could any president have achieved that, or should they have achieved that when they needed to rebuild their balance sheets? >> well, no, i don't think you can forc